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  1. Market Data
May 6, 2022

West Pangkah Conventional Oil Field, Indonesia

By Carmen

West Pangkah is a producing conventional oil field located in shallow water in Indonesia and is operated by Saka Indonesia Pangkah. The field is located in block Pangkah.

Field participation details

The field is owned by PT Pertamina (Persero).


Production from West Pangkah

The West Pangkah conventional oil field recovered 0.47% of its total recoverable reserves, with peak production expected in 2024. The peak production will approximately 4.27 thousand bpd of crude oil and condensate and 30 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2068.


Remaining recoverable reserves

The field is expected to recover 51.79 Mmboe, comprised of 24.17 Mmbbl of crude oil & condensate and 165.73 bcf of natural gas reserves. West Pangkah conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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